Entries by Toby Tobin

Suits: Banks Didn’t Keep Loan Promise

Families in Mass. say BofA, Wells Fargo not helping enough with mortgages Palm Coast, FL – February 26, 2010 By Stella M. Hopkins – Charlotte Observer.com More frustrated homeowners turned to federal court this week for help with their mortgages, saying Bank of America and Wells Fargo failed to provide promised payment modifications. The two […]

Toll Brothers Reports 1st Qtr 2010 Results

The Company reported a FY 2010 first-quarter net loss of $40.8 million, or $0.25 per share diluted, compared to FY 2009’s first-quarter net loss of $88.9 million, or $0.55 per share diluted. Palm Coast, FL – February 25, 2010   HORSHAM, Pa., Feb. 24, 2010 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL) (www.tollbrothers.com), the nation’s […]

Former Timber Baron Tim Blixseth Goes on Trial, Accused of Looting $286M from Yellowstone Club

Credit Suisse loan to Blixseth, Ginn, and other luxury resort developers allowed them to take large profit distributions from the proceeds of multi-million dollar loans. Palm Coast, FL – February 23, 2010 – Credit Suisse marketed its multi-million dollar loans to developers of luxury resorts, including Yellowstone Club, Lake Las Vegas, Tamarack, and four Ginn […]

NAR’s HouseLogic: The Logical Source for Today’s Homeowners

Website helps plan and organize home projects, provides timely articles, news, home improvement advice, how-to’s, information about taxes, home finances, insurance. Palm Coast, FL – February 23, 2010 Washington – The National Association of Realtors® launches HouseLogic, a new, comprehensive consumer Web site about all aspects of homeownership. HouseLogic helps homeowners make smart decisions and take […]

Cliffs Communities Faces Up to Bad Economy and Ties to Tiger Woods

Cliffs developer Jim Anthony attends Tiger’s apology while Cliffs’ financial advisory board supports Anthony’s plan to borrow money from club members. Palm Coast, FL – February 22, 2010 – Cliffs Communities founder Jim Anthony’s plan to raise $60M to $100M from members received support from the community’s financial advisory board. Meanwhile, Anthony exhibited his ongoing […]

Real Estate Developer Hawk McMillan is Out of the Country

Well Known Palm Coast real estate broker and developer leaves behind a trail of debts and worried investors. Palm Coast, FL – February 18, 2010 – Well known Palm Coast real estate broker and developer Robert E. (Hawk) McMillan III is "out of the country," according to his attorney, Kevin Donaghy. Donaghy declined to provide […]

Florida Issues Cease and Desist Orders to Three Home Warranty Companies

investigators determined National Home Protection and Nationwide Home Warranty conducted home and service warranty transactions in Florida without a license. Palm Coast, FL – February 17, 2010 – Florida Insurance Commissioner Kevin McCarty yesterday announced the Florida Office of Insurance Regulation (Office) has issued cease and desist orders to three entities, including their subsidiaries, for […]